HomeMy WebLinkAboutResolution 1990 (40) RESOLUTION DESIGNATING MID - AMERICA BANK OF HUDSON, WISCONSIN
AS COUNTY DEPOSITORY FOR FISCAL YEARS 1991 AND 1992
Resolution No. - 0 (90)
St. Croix County, Wisconsin
WHEREAS, Wisconsin Statutes section 59.74(1) directs counties to designate one
or more credit unions, banks, banking institutions, or trust companies located in Wisconsin,
as county depositories; and
WHEREAS, said statute further provides that one or more of said financial
institutions shall be designated as working credit unions, savings and loan associations or
banks, all deposits in which shall be active deposits; and
WHEREAS, the Finance, Budget, Building and Bond committee has received
proposals from St. Croix County financial institutions for the purpose of recommending one
as the working credit union, savings and loan association or bank for county active deposits;
and
WHEREAS, the Finance, Budget, Building and Bond Committee recommends the
Mid - America Bank of Hudson, Wisconsin, as the County's working bank for active county
deposits for fiscal years 1991 and 1992;
NOW THEREFORE, BE IT RESOLVED by the St. Croix County Board of
Supervisors, meeting in regular session, that the Mid America Bank of Hudson, Wisconsin
is hereby designated as the working bank for all active deposits for county funds for fiscal
years 1991 and 1992;
BE IT FURTHER RESOLVED that during fiscal years 1991 and 1992, any credit
union, bank, banking institution, trust company, or savings and loan association located in
Wisconsin may be designated as county depositories within which non - active deposits of
county funds may be made.
Dated this day of November, 1990.
Offered by: FINANCE, BUDGET, BUILDING AND BOND COMMITTEE
NEGATIVE AFFIRMATIVE
f 24
STATE OF WISCONSIN
COUNTY OF ST. CROIX
I, Sue E. Nelson, St. Croix
County Clerk, DO HEREBY CERTIFY that
the I:..dgoinp is a true and correct cop of
Q a eta 'I (9 0
adopted by the County of Supervisors
at their meeting held I.Jts -- 11, 1q 6
Sue E. Nelson, St. Croix County Clerk